*Official* Genting SP

lolita_5

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Gambling ?

call me superstitious, i purposely queued at 0.88 as it's currently trending below the psychological 0.90 level

it's a long term investment, the korea casino plus the upcoming malaysia mrt (i'm certain it'll still be in jurong east) should give a boost in the next few years
 

ValueInvestor

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Whats the book value of genting?
If can buy at one times book or less is quite safe
The company net cash position somemore
 

MegaMac

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i feel that gaming stocks are still on the long term decline.

gaming stocks was doing well previously due mainly to Chinese gamblers.
But after china started clamping down on corruption, gaming stocks starts to tank.

coupled with the recent stock market correction in China, i feel genting has more downside (current price $0.89).

the key to share prices is earnings growth. until there is a catalyst to generate growth in this sector, i wont be investing in it. (and esp when it is over 30x PER)
 

lolita_5

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wah drop so low today, good time to buy for long term

too bad i having reservist, in camp whole day
 

Perisher

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wah drop so low today, good time to buy for long term

too bad i having reservist, in camp whole day

You can place your order before going to camp or you mean 24 hours in camp?
 

Keverus

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no idea why the big drop, since profit warning came after the market close.
 
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